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in the sales tax. >> iyou went to a community meeting and asked 30 people, if you had to choose between raising 700 milon by increasing the gas tax by 18 cents, or by increasing the sales tax by a penny, most people would say -- they did not want to do either, but if they had to do one, the sales tax is a less painful and more palatable way to go about th. >>is reasoning behind that, he sasays because -- a good way for the environment less reliance on gas. the gasoline tax is not revenue -- generating revenue at once dead. >> i was surprised. he and his counterparts have sparred over time on a number of issu. he gave gov. mcdonald credit r recognizing that the gas tax is generating less and less overtime becse of greater fuel effificiency, hybrid vehicles. you have to find a new source. for the governor, that means this p push, and we will s see if f it becomes part of his legislave package this year. adding a penny to the sales tax. >> peter morici, you think th is aousy idea and you are not alone. the wall street editoal pag blasting gov. bob mcdonnell. they say is a bad idea because it let d
wanted to make a comment about the tax code system. it's so complicated. i think that the government wants to do something to help out the economy, they could institute a fair tax or a flat tax, something like the libertarian candidate gary johnson was advocating last year where if you buy something you just pay the tax on it, there is no more income tax or corporate tax but a consumption type flat tax. host: do you think that would work? caller: i think that would eliminate all these loopholes people take twn tax code system. if you're married, own a house, have children, you get all these deductions and if you don't have any of those things, then you don't get to take any of those deductions so it's just not fair. if your income comes from capital gains there is a different tax rate for you. if the government wants to help bring the economy back, make everything fair across the board as far as taxes go. host: thanks for the call. we welcome our listeners and our focus this morning the role of government in solving america's problems. it was something that dwight eisenhower talked a
with this economic reality. you know what? my constituents are going to pay for it in their taxes. what no one seems to want to talk about in the media. yes, congress will pass an emergency bill and exceed the spending cap congress voted on and then your taxes will be the makeup for that because there is no other place to get it from. >> neil: i admire your guts to stand up to the likes of chris christie, who said, quit playing games and pass the aid. you are saying, we are playing game fist we pass this kind of aid. >> chris christie is a great governor. he's right. the emergency aid nides to be there, the money that will go to the local community, which is about $17 bimmion of this $50 billion aid package. so we bailed out the fema relief insurance fund. okay? we know that that has been operating at a deficit. it's still in the red right now. this is going to prolong the agony. if we don't fix the core spending problem, we are not going to have money for another disaster. >> neil: i suspect they won't. they have taken some of the fat out. but i am talking in terms of million, not billions. >> mill
, but we haven't looked had to do about overhauling tax system, which would you want to raise revenue, you could do in could do in the way bad for the economy hallway discussion helps increase competitiveness and modernizes our tax system. so we know what the answers are. were going to fight it the specifics, but we don't know at what point the political system is going to be willing to make all those traces, which are difficult compromise on both sides and put this issue to rest so we can go back to all the other things were going to fight about. the fact you can sue a policy solutions are more passed the tennis doesn't matter, but everybody recognized the threat that she can't possibly imagine a real growth, and without a sense of stability from knowing what changes obesity you can not planning, investments, job creation, all the necessary pieces of moving the economy forward. but the big wild card is when people are willing to make these type choices instead of using them to fight in the normal political boxes. what do i think's going to happen next? it's often a different path. if you
will you join me in my thinking our panelists. [applause] representative live in discusses tax policy and deficit reduction. he spoke at the briefing today hosted by the christian science monitor for an hour. >> thanks for coming. i'm dave cook from the monitor. welcome to the first breakfast of the new year. the guest is representative sander levin of michigan cranking member of the house ways and means committee. this is the first visit of the group. he did for deily to detroit native and the university of chicago, master's and international relations of columbia and a law degree from harvard who was elected in the michigan state senate in 1964 and served as a senate minority leader during the carter administration he was assistant administrator of the agency for international development elected to the house in 1982. for four years after his brother carl was elected to the senate. in march, 2010, representative levin one the gavel of the chairman of the ways and means committee. in the biographical portion of the program now on to the thrilling portion. as always we are on the reco
inaccurate. >> host: that's talked about taxes, grover norquist and james madison. when it comes to taxes and what will the government has in using the revenues it raises, what is the history from the 18 century and how is the right wing is that history today? >> guest: americans ha n liked texas. they did not like taxes without representation or taxation with representation. they revolted a few times. whiskey rebellion. there was quite a bit of antitoxin demint in america. that said, the constitution is virtually unlimited taxing power and hamilton wrote 32, 35 about the need to collect taxes and in their, a number of places say very straightforward, but it's politically difficult to vote to raise taxes and i was going to be politically difficult. you do not ever want to do anything to a structural difficulty by putting something to raise taxes because you can't foresee the future. it is dramatically irresponsible to do something like take a pledge saying he will never in your life if the legislature vote to increase taxes. but that would have -- that is dramatically directly opposed to
: president obama, sworn in yesterday, promising to change the tax code, immigration laws, and act on climate change. good morning, everyone. we will spend the first part of this morning's "washington journal" on yesterday's inaugural address. for democrats, 202-585-3880. for republicans, 202-585-3881. for independents, 202-585-3882. also, send us a tweet, post your comments on facebook, or you can e-mail us. let me begin this morning, this is "the wall street journal," had line. "obama vows aggressive agenda." "he is looking beyond the fiscal battle set to dominate the coming weeks." and then a side story, an analysis. "the president is set to fight over a new to do list." "the inauguration was not only grayer, he sounded less like a man ready for lofty flights and more ready for ground battles." and then here is "the washington post," this morning. there had lyme, "we must act." -- there had line, "we must act -- their headline, "we must act." "the new york times," this morning, "a limitless vision." "speech gives quiet goals center stage." "our jou
case or hurt his cause? we will get reaction. dagen: and intimate the state income tax. one governor laid out his case, and wayne rogers likes the idea. top of the hour, nicole petallides is covering it for you o on the floor of the new yk stock exchange. nicole: the market is likely to the downside. the trend has been the major market averages are not too far off the unchanged line. see the dog over the unchanged line 50 times in one day is not unusual to see that, however the trend had been to the upside looking like nine trading weeks we have seen the s&p 500 now hovering around the five year highs. dow jones industrials as well and the nasdaq composite as well. intel weighing on the major averages, you can see down 6.25%. if you took out intel out of the dow, the dow would be flat right now. they came up with profits that were disappointing, weak outlook. not good news for intel weighing on the major averages, but technology in general. back to you. dagen: forget about washington. our next guest says stop talking about it, investors should be focused on making money in the econom
of taxes is also now getting some buzz. and new controversy over reports that federal agents waited to arrest an illegal immigrant and a sex offender who worked for this powerful democratic senator, senator menendez, you saw in that picture there. what, what really went on? why was this done? an early morning rescue puts a whole new meaning on another brick in the wall. as firefighters-- did you watch this on america's news room with bill and martha? firefighters worked hours to free a woman who got stuck in a tight spot, how it happened. ♪ ♪ caught between a rock and a hard place ♪ bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. before you begin an aspirin regimen. music: "make someone happy" music: "make someone happy" ♪it's so important to make someone happy.♪ it's so important to make meone happy.♪ ♪make just one someone happy ♪and you will be happy too. hi, i'm ensure clear... clear, huh? i'm not juice or
. and call it a liberal tax. the conservative restaurant owner charges left-wing moore for their drink and donate the cash to right-wing causes. is it a boom for his business? the owner serves as a big helping of a government economics. even when i say this not, it is always about "money." adam: and a good evening to you. we want to look at the days headline market. a tough day for stocks. the dow snapped a five-day nning streak falling 23 points. more turbulence for boeing 787 dreamliner. a faulty battery forced an emergency landing of a 787 in japan after a result the japan airlines are grounding their entire dreamliner flight facing safety inspections. shares of boeing fell more than 3%. hewlett-packard rallied more than 4% reported they received buyer interest for the edf units in recent days, however sources say no major sailors coming anytime soon. but we have to move on to the story that everybody is talking about. president obama signing 23 separate executive actions on gun violence today. and those actions could have a huge impact on the firearms industry. among other things,
is it will increase -- by not raising the debt ceiling, you should be able to raise taxes on the wealthy, making $200,000 a year or more. host: ok. anthony in greensboro, north carolina, independent. caller: good morning. i have done quite a bit of research on the debt. what i don't hear from anybody, whether from the politicians or people asking questions, is the fact that the united states over the last 10 or 15 years has overwhelmingly started bases all over the world. over 1200 bases. and i cannot get a direct answer to actually how many. each would bring in the amount of money well over $1 trillion in just the maintenance. along with that, on the far side, after deep search, i discovered that the united states in the last eight years, since 1998, i believe, through nasa, they have come to believe in some kind of solar scenario along with an economic scenario and have been spending a lot of money in creating bases or underground cities in preparation, which is understandable, as any other nation, including japan and china have been doing themselves. host: next we will hear from a democratic calle
it was put in place. we just raise tax rates on the well-off so we are doing this in pieces off. declaring victory more angry at each other than they were before and making it harder to do the remaining policies is so we know what we have left we know what we have to the health care cost which the truth is we don't know how to fix the system in its entirety. we have to keep looking at ways to control health care cost and the government programs and medicare and we are going to have to go back and do this every couple of years but we have to study what works and put more of the policies that are working in place. we have to deal with our other entitlement. it's a contentious issue in this country. it's always a political tough battle. but the longer we wait to make the changes for the people the difference of the programs there is no question about that and we have to go forward with tax reform which is great when you talk about it broadly we all know the tax code is a disaster and none of us like the tax code. when you talk about the ability to broaden the base, lower the rate and raise re
the fiscal cliff and the concerns of mayors regarding both investment programs and tax-exempt financing. whenever there's a major issue that demands attention, again and again and again, vice president joe biden has shown the leadership and courage needed to help move our nation in the right direction. and that is why i was certainly hartened when president obama asked vice president biden to lead a special task force to develop responses to the tragedy not only at sandy hook elementary school, but the daily tragedies we see all across america. the nation's mayors and vice president biden have stood together for many, many years in support of public safety. after all, it was then-senator joe biden who championed the crime bill, which established the cops program and included the ban on assault weapons and large-capacity magazines, which congress unfortunately, allowed to expire. yesterday, i was personally very proud to be in the white house as president obama and vice president biden unveiled a strong, comprehensive package of legislative and regulatory reforms needed to response to th
to surrender on the debt limit and require the republicans to accept new taxes in exchange for any new real spending reductions. so the white house's plan is to force republicans to be unreasonable by being themselves reasonable and taking the positions they have had all along, including in the 2012 campaign, which they won. another version came today from "the new york times" columnist, saying they could adopt the strategy, called kill the wounded, the wounded being the republican party. the way the strategy works, the moderate policies on gun control and hurricane relief, they will force the republicans to offend main stream supporters or risk a challenge from the right. there is a kind of a delightful logic to this argument, which it is true. the republican party looks really bad because the white house is proposing pretty popular moderate ideas and republicans keep saying no to them. and yeah, it is true that house republicans look kind of crazy when they say they're going to let the white house default on its obligations, regarding the election and that issue. so yeah, if obama was not
and said it much better than i will, in fact, maybe if you had it on tape, we'd show it. but tax policy and trade policy. obviously, as the recession hits the world, why, trade policy gets more difficult. and we have troubles getting products into two of our most fast-growing markets, in argentina and brazil, which we could use some government help on keeping those markets open. and, of course, the big one is tax policy. we have the highest corporate tax rate in the world. so that mark barker who is now the ceo of the company and for a young whippersnapper of 55, he's doing a great job, but that he sits every year when he sets the budget, and he has to decide where the last dollar of investment goes. and where it generates the last dollar of profit. so he could get a dollar of profit in the united states for which 60 cents goes out to the shareholder, to the ultimate shareholder. or he can get another dollar, he can get that dollar profit in timbuktu of which 75 cents comes to the average shareholder. so any global company can maneuver around it, procter & gamble does that, i'm sure, be
that we were and prompted a very dangerous trend of undermining significant development in tax achieving all around the world. and there are a lot of geoscientists of course, but also the very strong understanding the climate change is not only happening, but have been happening for a long time and i was going to be a clear determining for future disaster risk evolution. so the organization i represent is a relatively modest office, but what is not modest i would say is the international partnership is built around the international strategy for design to your reduction, they said thierry, which has one foot in the u.n. and one and the rest of the world. we can only build on science. you have to work with government supporters business, parliamentarians, with any stakeholder that understands and is willing to engage in education and managing risk for the future. the first product to the first idea that people that got together in the early parts of the decade serenade instrument for international cooperation. that is key here. they started working on what became the framework for action.
is a tax credit that was part of the economic stimulus originally, he sought $500 and i think ultimately, law was less than that. that was a classic compromise that he did not get. another compromise was his promise to repeal the bush tax cuts for higher income. his goal was couples making more than 200th $50,000 or couples making $200,000 and the fiscal cliff deal did not achieve that. we rented that a compromise. let's go to fort lauderdale,. caller: with respect to not keeping a promise for negotiations with a health kicce -- i think that a somewhat wrong. i have watched the other representatives of congress on tv every day negotiating and debating and putting their facts together. the final decision between nancy pelosi and the head of the sun -- of the senate when they finally came out with exactly what the bill would be -- it was done behind closed doors. the putting together of the bills, people putting in their amendments, was actually done on cspan every day and i watched that. secondly, with respect to these people calling about taking away guns. there is nothing about taking a
with this initiative. congress and the administration should begin conversation about a broad-based carbon tax. this would give the right signals on energy sources and use. it could raise money to reduce the deficit, restore our infrastructure, speed and finance conservation. there are a number of other commonsense steps that would make progress on carbon pollution and energy conservation goals more significant. the epa should stop dragging its feet permitting old coal plants to continue to spew forth toxic waste, harming the environment and the health of our citizens. it is past time the clean air act reinforced. make sure there are proper safeguards for the cracking technology. make sure this reservoir of inexpensive gas does not undercut the addition of renewables to our energy portfolio. solar, wind, geothermal. dership on these technologies for a balanced energy portfolio and ultimately to reduce our carbon footprint. at each step, we should be looking to enhance energy conservation, because the cheapest kilowatt hour is one that you don't have to generate. we should have a 10-year glide
. if the house is going to be serious about a 10-year plan, it's time with bring a tax bill to the floor. i think it would have helped us in the election if we'd run a tax bill on the floor and actually run a medicare bill. last year's budget was i think about one page. not even one page. there's a lot more heavy lifting than a one-page tax plan. i think republicans could do ourselves good by striking out prorkviding leadership, outlining what a breath program looks like, same with the house and other entitlement reform. let's secure medicare, medicaid, sos and it's one thing to have a paragraph in the budget and another to pass things on the floor. i think it's time we took that chance and put out what we're for in a detailed manner. these are serious times. it's not about gains before the next election. it's gains with our credit worthiness long-term. >> i think it's important to point out that one of the reasons leadership may be able to shorten the years to balance is buzz of the recent tax increases. so it's not just a structural change in what we're doing, it's that there have been tax incr
it to the tax base and locate it from a regional perspective but also a national perspective when you look at it. 30% of the nation's gdp comes from the gulf coast. if the five gulf states were a nation it would rank seventh globally. if you look the population increase there's been 109% increase in the population in gulf region. nationally about 52%. the people are there. the vol nebilities are will but also the significance in terms what it provides to the nation. i think from the state's perspective and also from the gulf we recognize that healthy echo systems also can mean healthy economies. and from louisiana what we have taken, what we believe is a very good first effort in addressing both the vulnerability that exist with the state's master plan has which is is a long-term plan addressing the ecological but reducing the risk across the coast. we believe we can achieve a 100-year protection for the community it's the resources that important. the ecological resource that's state provides and the gulf provides to the nation that if it's going to be afforded through the nation it has to prov
you have to. the quick cash comes with a price. -- price. >> there are tax implications that you have to pay taxes on it. if you are not 59 and a half you have a penalty, for people who need a steady monthly income there are other options like getting new quotes on car insurance or refinancing your house. >>> if you have been and rock that is important that is happening on sunday. the ravens heading up to new england for a fans are ready to celebrate. >> we're more than 48 hours away from kickoff in boston. and massachusetts. that's not stopping the party from starting so soon on this friday. >> and the cheerleaders. and sherrie johnson is out there with the fans. there is quite a crowd. we're here at the house in white march where they are pumped up. look at them. listen to them. >> they are ready. they are in action. everyone is soi have the cheerl the ladies are watching this place. brenda. tell bus why you and your girls came out. >> we got off work this morning. we said we are going to beer and bacon for the ravens! [ laughter ] >> we have our cheerleaders here as well. you have
this coming term if we move towards any tax reform measures. senator john tester since 2007, just looking at all of the members of the delegation that are here and there we are seeing more of the some 200 animals that we've been hearing so much about. >> you can mark four off the list. >> exactly. >> senator tester is glad to be in this parade. he got re-elected. >> after a tough battle, that's for sure. >> this is the wind river dancers, the wind river reservation all the way from wyoming. they are here to honor all of us with their performance. $6,000 short of their scaled-down fundraising. they are marching anyway and doing an excellent, excellent job. right now i want to welcome our viewers in the united states and around the world. i'm wolf blitzer here in washington, d.c. we're right across from the president of the united states on the reviewing stand. there it is, the reviewing stand on the north lawn of the white house. kate bolduan is here, jim acosta is here and we're in "the situation room," a special edition of the situation room watching the wind river dancers from the wind
is hungry for that after getting hosed in that high tax bill. >> i think you're a bit off, larry, respectfully in that republicans i think want to have these spending cuts. but they're picking a strategic battle. and you could be right in saying they're picking the wrong battle. but they don't want to have the spending battle on the debt limit. they want to have it on the cr, that continuing resolution to fund the government for the rest of the year. >> well, i am 100% -- look, i do not want to mess with the debt ceiling. i don't want to mess with that. that's a domestic and international global meltdown. so to that extent i agree. i just didn't hear the rest of the story laid out very coherently regarding spending. i didn't hear it from paul ryan, and i didn't hear it from the leaders. and that's the part i don't get. the debt ceiling, three months, whatever. the continuing resolution, that's a little bit in the weeds. but all right. fine. you can work with that. but i didn't hear them say what that was going to mean for spending, either. >> that's a great point, larry. they're
, pay taxes, do all the other things. we transferred one of our cars to one of our sons here recently. we had to go through the motor vehicle department transfer, whatever. why somebody should be able to go into a gun show and buy any kind of a thing without any kind of the background check you might have otherwise, at least -- i -- at least not an enforceable one, i can't understand that. i really can't. i think we should have stricter background checks. i think they should be real ones. if you have the restraining orders on you, other things, we ought to be able to do that. i realize every state's different. vermont has virtually no gun laws. you can carry loaded concealed weapon in vermont this afternoon if you were there with no permit. we also have one of the lowest crime rates in the country but not because of that. we are as a society we are very law-abiding, but would that stop somebody who is mentally unhinged from going out and using a gun, knife, or anything else to kill people? no. the president's right when he says there are a whole lot of factors involved. i'm anxious to
not want to do it. he actually does want to negotiate on spending and tax reform. what he does not want to do is have that take place when the republican position on the debt takes the economy hostage. that is off the table. i think the president is smart to be firm and clear on that. next time it would be democrats if we had a republican president. ashley: would you agree, i know it is out of your area, but the senate has not passed a budget in four years now. would you agree with republicans that it is not the way to go and i could, in fact, be breaking the law without i do agree with them. we actually have not passed the budget. i am with them on this concern about our inability to actually do the basic work that a legislature must do. ashley: i know bernanke, timothy geithner, rating agencies and many more states what is the point of a debt ceiling? we routinely raise it anyway. what is the purpose? >> there is no purpose. the debt ceiling has become a device for fiscal irresponsibility. republicans and democrats both dated. senator obama voted against the debt ceiling increase. if
like payroll taxes for medicare and social security are putting u yo in a taker category. when the president does kind of a switcheroo like that, what he's trying to do is we are maligning these programs. so it's kind of a convenient twist of terms to try and shadow box a straw man in order to win by default. >> steve, interpret that for common people like me. because there's a lot of double talk there that i didn't hear him explain it that way when he said it originally. and it doesn't make much sense to me now that he has said this. >> no. and the entire message of the last few years of the republican party whether it's makers versus takers, whether it's the 47% theme. the 47% who supposedly don't pay taxes. they're talking about federal income tax. not state taxes, estate taxes, these sorts of things. that the republican party ran into this big problem in 2012 where that message alienated people. >> let me show you what he said in 2005 about social security. now he's talking about how people paid in and it's earned. but he said -- let me quote it. it says -- this is a quote.
on the republicans in the house over spending, gun control immigration, and tax reform. >> he's now got to be the guy in charge, the guy who inspires the american people, and who gets them behind his principles and his policies. >> reporter: but this weekend as he takes the oath on bibles which belonged to president lincoln and dr. king president obama wants to remind the nation of its traditions. >> the inauguration reminds us of the role that we have as fellow citizens in promoting a common good. >> reporter: now today is a day of service in honor of dr. king. monday, the swearing in, the celebration, and then when the party's over after the inaugural balls on monday night, it will be back to the same battles and the hope that it won't be just business as usual. rebecca, anthony? >> bill plante at the white house. thank you, bill. >>> while the president's opponents are observing the traditional truths to the inauguration, can president obama hope for a new term. let's talk with debbie wassermann schultz. >> good morning. thanks for having me. >> congresswoman
. but there are enormous complexities in the tax accounting and operational challenge. can you say what your thinking is in that area? >> now that i have a voice again with some water, jet lag and a cold, you can't hold me back. money market funds will be one of the primary issues that the commission tackles in the coming months. you know, the process is under way, but quite frankly, we at the commission can and have been proceeding without too much reference to what's going on, and i think there is a new spirit at the commission working with the staff, industry and amongst the commissioners and the consensus that we need to take some action. obviously, there has been a lot of press about potentials involving the float. i have expressed that would be a great avenue to explore, recognizing, as you point out, there are pretty serious tax and accounting issues that have to be addressed and haven't been addressed even though this has been going around the industry for four, five years. on the accounting front, i'm hopeful that as the commission has authority over it, we can figure something out there, if
at 19 for senator hatfield, i had the very good fortune to be assigned to the tax reform act of 1976. and then i had the even better fortune that it came up on the floor of the senate. so during the many days it was before this body i sat up in the staff gallery and watched as amendment after amendment was raised and debated on and voted on. there was no camera, no email, the member of the senate team that was responsible for it would run down from the staff gallery, intercept your senator, explain what the issue was, what had been said about it, what folks back home thought about it, what the set of motions had been done on it, and it was a legislature at work. and rarely, rarely did the thought that anything would not be decided by 51 pass the minds of the senators. that was something observed, that objection to 51 was reserved for very special occasions, very rare occasions you might do once or twice in your career. i do -- i do feel like the conversation we have before us is so important, and i thought i'd put up this chart. this just dramatizes -- and my colleague can see it --
and keep going -- it needs to bring millions of people with it. the robin hood tax, the campaign the nurses have -- $350 billion a year from wall street for a minimum tax. you know what one of the legislator said to one of our nurses going to the capitol and talking about the wall street tax? she said, you nurses need to lower your expectations. the nurse looked at her and said, would you like for me to say that to you when i am prepare you for surgery? the true story. i mean, honestly, literally, it is a disgrace -- lower your expectations? i see what is happening out here every day. we're not going to lower our expectations. we're going to fight for a real economy. our economy has been hijacked -- we can talk about all the problems, talk endlessly about what i heard yesterday -- i heard about a woman yesterday. we heard about a real woman yesterday from michigan who actually chose to have her leg amputated because she could not afford the antibiotics in terms of taking care of her leg. she had her leg amputated because of money, because of money, because we do not have a health care syste
doesn't put tax pay thornse hook for 100% of the cost of projects that are unrelated to hurricane sandy. the amendment waives the standard local cost share for what -- for, quote, ongoing construction projects. this applies to peach renourishment projects which are typically cost shared at a 65% federal, 35% local shear. while the waiving of this local cost share for this type of pradget is uns predent, i understand that for our friends in new jersey, new york, and connecticut, hurricane sandy was also unprecedented. our amendment does not change the language with respect to repairing the beaches damaged by hurricane sandy. but unfortunately, the language could be interpreted to also waive local cost share for future periodic beach replenishment unrelated to any damage caused by hurricane sandy. these typically can take up to over a 50-year period and cans to the tens of millions of dollars. i'm confident that's not what was intended by the amendment as it was offered. but the amendment is necessary to make sure that that's not how it's interpreted at some point in the future. madam cha
. mr. wilson:section 8 the congress shall have power to lay and collect taxes, duties, imposts, and excises, to pay the debts and provide for the common defense and general welfare of the united states, but all duties, imposts, and excises shall be uniform throughout the united states, mr. goodlatte: i now yield to the gentleman from texas, mr. green. mr. green: to borrow money on the credit of the united states, to regulate commerce with foreign nations, and among the several states, and with the indian tribes, to establish an uniform rule of naturalization, and uniform laws on the subject of bankruptcies throughout the united states, mr. goodlatte: i now yield to the gentleman from florida, mr. nugent. mr. nugent:to coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures, to provide for the punishment of counterfeiting the securities and current coin of the united states, to establish post offices and post roads, to promote the progress of science and useful arts, by securing for limited times to authors and inventors the excl
to sign a couple of tax. almost everyone is vulnerable to this. >> the last reported theft was in laurel. >> i will be more careful now and i will think twice before sending a check. >> authorities are not saying how the checks are being altered but a security experts suspect check washing. >> they're using rudimentary measures, chemicals like and buy in any store. if you go on line and do a search you will find out how to erase think of a check and write your own name in there. it is not that sophisticated. >> the banks are culpable. >> they should be inspecting tax a little bit better. you can tell when a check has been rewritten. >> put your mail in a mailbox or go to the post office or given to the mail carrier. m.p. your mail box as soon as possible especially if you are expecting money and have your local post office holder mail if your on vacation. another good tip is to do your bill payments on line. with been told that police are investigating similar thefts in montgomery county. we're live in howard county. >> of howard county doctor has been ordered to pay more than $1 million
share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. lou: the white house responded by calling the nra cowardly. press secretary offering one of those obama rules as they like to call the say most americans agree that a president's children should not be used as pawns in a political fight. but to go so far as to make the safety of the president's children the subject of an attack and is repugnant and cowardly. well, obama rule number one. bad form to point out the president's children are protected by armed guards and appropriately so, but okay for the presidents to use other people's schoolchildren as props in his news conference in which he advocates a rollback of second amendment rights. our first guest says the president is using the tragedy to bolster an anti-gun agenda and that that is an affront to the second amendment. joining us tonight, the attorney general of the great state of texas. good to have you with this. let me first give your reaction, if i may, to the president's executive orders and as they are called, memoranda to dea
tax fraud has ballooned in recent years. the report comes from the treasury inspector general for tax administration. it finds that in 2010 more than 91,000 inmates claimed more than $758 million in fraudulent refunds. that's more than double the year before. the i rest stopped most of the fraudulent refunds from actually getting into the hands of prisoners but $35 million still slipped through the cracks. and a number of fraudulent prisoner tax refunds continue to increase in 2011. and 2012. but the irs has yet to put a number on these bogus refunds. it is amazing how this can happen. >> unbelievable. >> time to do a little bit more organizing apparently. >> don't send tax refund paperwork and forms to prisons. that might be a good way to stop that. >> if the address says -- >> you have to be clear. >> thanks jess. >>> christopher kennedy lawford is here to talk about the new book about recovery. and the book signing he's having in our area tonight. >> there they are in our green room. former congressman patrick kennedy also here to [ ma aouer wenvedom tsee thnosorey ut abt eibo whe
thing to vote against it when you're squandering a bill clinton surplus on tax cuts for those who don't need tax cuts pre-2008. it is another thing when you're trying to climb out of a recession. >> that's exactly right. there is a lot of misunderstanding about the debt ceiling. most americans think the debt ceiling is congress giving itself permission to spend more money. when they understand it is about do we default on our bills they say what? you're not going to pay your bills? that's what the debt ceiling is about. one of the things i advocated was the restoration of the gephardt rule that said when congress voted for a budget, let's say it voted for the iraq war that cost a trillion dollars, then at the moment that they voted for that program the debt ceiling would be adjusted up or down to reflect the budget they just voted for. that's what most americans would do. so this debt ceiling is all about hypocrisy. it is all about pretending that we have an option about paying our bills. by the way, a lot of the bills we have to pay are things i was adamantly opposed to. i didn't wan
of the congress passed a step act in 1765, imposing a tax of the very size of every business license and legal document on up in the colonies, as well as every copy of every magazine and newspaper printed. not to mention every deck of playing cards, paradise employed by the county on lady luck to see them through hard times. the cries of outrage were heard all the ways across the atlantic. how could a government be so out of touch, colonists wanted? americans were already out of work, out of cash, and out of hope, burdened by sugar and molasses taxes, and sick and tired of an unwieldy bureaucracy rife with overpaid, incompetent, functionaries who had no interest in their struggle. colonists were taxed out, fed up, and demanding a sea change in the way their government operated. now, if this sounds like a recap, to some of the rhetoric has been flying across contemporary airwaves, it's little surprise. tough times have always made for tough politics. that there's one significant difference to keep in mind. in 1765, colonists had no hope, however illusory, that the next election or the other par
. but there are enormous complexities that we have been lamenting in this, such as the tax and accounting and operational challenge. can you say more about what your thinking is in that area? >> now that i have a voice again with some water nothing that the jet lag and set me back. yes, i think that money market funds would be one of the primary issues that the commission temple. the process is obviously underway. i think that we have been preceding without too much reverence to what is going on. and i think that there is sort of a new spirit at the commission working with the staff and industry and amongst the commissioners. the consensus that we need to take some action. honestly there has been a lot of press lately about this. i have expressed my view it would be a great avenue to explore. recognizing, as you pointed out, there are taxing and accounting issues that need to be addressed but have not been addressed, despite the fact that this proposal has been about the industry for the last for five years. only counting front, i am hopeful that the commission has plenty of authority and we can actually
, my budget provides $25 million in further tax relief from the modified business tax for an additional 2,700 businesses. [applause] that means tt since 2011, we will have eliminated the burden of this tax on almost three-quarters of nevada's small -- businesses. [applause] let me be clear. nevada's employers cannot afford higher taxes, and i will not support them. [applause] u and i know that we must continue to address the unemployment in our state, and we must deal with the economic realities thrust upon us. too many of our iendand neighbors are still out of work, and at 10.8%, unemployment is still much too high. against this backdrop, many programs have required modernization, and even the job description of governor has changed. i have led trade missions to and, missions to mexico and israel are planned to expand nevada's global footprint. i am committed to leaving no stone unturned, no road not taken. we must also invest in our nevada's innovators and entrepreneurs. and tonight, i am proud to announce that we will commit $10 million to nevada's knowledge fund to do just that. [ap
taxes, to recover the momentum of our economy and reward the effort and enterprise of working americans. we will build our defenses beyond challenge, lest weakness invite challenge. we will confront weapons of mass destruction, so that a new century is spared new horrors. the enemies of liberty and our country should make no mistake america remains engaged in the world by history and by choice, shaping a balance of power that favors freedom. we will defend our allies and our interests. we will show purpose without arrogance. we will meet aggression and bad faith with resolve and strength. and to all nations, we will speak for the values that gave our nation birth. america, at its best, is compassionate. in the quiet of american conscience, we know that deep, persistent poverty is unworthy of our nation's promise. and whatever our views of its cause, we can agree that children at risk are not at fault. abandonment and abuse are not acts of god, they are failures of love. and the proliferation of prisons, however necessary, is no substitute for hope and order in our souls. where there is
time with county tax dollars. >> i don't think so. i think this would be a better understood trial than having the jurors there. >> reporter: he doesn't think a trial heard by a judge would weaken the outcome. leopold is charged with one count of fraud for misusing county dollars. judge dennis sweeney will determine his fate while leopold's peers return to a normal life. opening arguments are scheduled for 9 monday morning. >> a baltimore city teenager accused of impers nateing a police officer. >> the school refuses to tells details about the case is. we found out how the student was able to dupe people. >> reporter: the student was arrested twice for impersonating an officer. he had a city schools police amount of sources say he was arrested twice for this and most recently worked in a store near lexington market. while city schools refuses to tell us details, it did send a statement saying it is under investigation and taking appropriate steps. it says the department of juvenile services are handling the case. as with most crimes, it must be reported to baltimore city police but it c
to face the tax issue, as well. it's not just raising the debt ceiling that he's going to have to deal with. but he's going to have to negotiate with the republicans and perhaps try to change the tax code. all of these things are things he's already signaled he wants to do. what's fascinating is that this is a president who wanted to be a domestic president in the last -- in his first term and he was saddled with an economic situation and two wars to deal with. now is a shot to be that domestic president and make some really big change. but he's going to have to work with republicans in the house in order to get big things accomplished. >> and clearly what he wants to do is have some influence on voters. and though the official announcement is expected today, we do know that obama for america is going to become this nonprofit supporting his agenda. what kind of influence could this have? >> well, i think if you're an obama supporter, you hope it has more influence than it did or what they tried to do during his first term. they talked a lot about this leveraging his campaign which ever
to the needs of our time. we must harvest new ideas and technology that we make our government, revamp our tax cuts come reform our schools, and empower our citizens with the skills they need to work harder and learn more and retire. but -- and reach higher. while the means change, the purpose and doors. a nation that rewards the effort and determination of each and every american, that is what this we believe every citizen deserves a measure of dignity. we must make the hard choices to reduce the cost of health care. we reject the belief that america must choose between caring for the generation that built this country and invested in the generation that will build its future. we remember the lessons of our past. twilight years were spent in poverty. a tablet disability had nowhere to turn. we do not believe that freedom is reserved for the lucky or happiness for the few. we recognize that men matter how responsibly we live our lives any one of us at any of our times may face a job loss or a home slipped away in a terrible storm. the commitments we make to each other do not zap our nation, th
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